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Dec 29, 2012
12/12
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president is reportedly giving no new offer on the fiscal cliff. the house minority leader said the meeting moved negotiations forward. so where do we actually stand on all of this? fox business's rich edson is at the white house with more and did they really move this forward and is that a good sign? what do they mean? >> well, adam, they're still assessing the fallout from this meeting, democrats and republicans. leadership returned to the hill right now and basically what we've got from the start of this meeting according to a senior administration official president obama began by offering essentially what he laid out in a speech a week ago which is to keep taxes where they are for families earning less than $250,000 a year and to extend long-term unemployment insurance benefits that is basically just a small slice of what the president had been proposing for quite some time. the administration official also says that the president is putting it on republicans to come up with a counteroffer that they say can pass the house and the senate. if no
president is reportedly giving no new offer on the fiscal cliff. the house minority leader said the meeting moved negotiations forward. so where do we actually stand on all of this? fox business's rich edson is at the white house with more and did they really move this forward and is that a good sign? what do they mean? >> well, adam, they're still assessing the fallout from this meeting, democrats and republicans. leadership returned to the hill right now and basically what we've got...
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Dec 27, 2012
12/12
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FBC
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the senate convened today for emergency session to deal with the fiscal cliff. the house has announced plans to reconvene on sunday. both senate majority leader harry reid and senate minority leader mitch mcconnell spoke a short time ago and neither sounds hopeful of fiscal cliff deal will be made before the deadline. so at this point is there any chance the united states can avoid taking a fiscal cliff dive? joining me for more is republican senator john hoeven of north dakota. and very simply, sir, we appreciate you being here but is harry reid right? are we going off the cliff? >> well, adam i hope he is not right. at this point president obama indicated he is going to call and talk to our leader, mitch mcconnell, senator mcconnell and make a proposal. we're very interested to see what that proposal is. we put revenues on the table. there needs to be some savings. and i believe we can get a deal so let's go. adam: what will the do look like? the president at one point actually upped what he was willing to tax. he wants taxes. originally saying on incomes of 2
the senate convened today for emergency session to deal with the fiscal cliff. the house has announced plans to reconvene on sunday. both senate majority leader harry reid and senate minority leader mitch mcconnell spoke a short time ago and neither sounds hopeful of fiscal cliff deal will be made before the deadline. so at this point is there any chance the united states can avoid taking a fiscal cliff dive? joining me for more is republican senator john hoeven of north dakota. and very...
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Jan 1, 2013
01/13
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WJLA
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soon. >> will the house go along with the senate bill to avoid the fiscal cliff. we'll have the latest on the fiscal cliff and what was the top stories of 2012. we'll reveal the top five stories coming up. >> we're going to reveal what the weather is going to be like tomorrow and monday and tuesday. >> and beyond. we're looking at a quiet weather pattern setting up across the mid-atlantic. if those of you who love the snow it is not in the forecast. temperatures are falling. reagan national is coming in at the mid 40's. all the moisture to the south of us and the high pressure will build in and that will allow our skies to clear nicely. so if you have not seen any winterry weather, today, south of d.c., you're not going to see anything else as we move through the next several days. if you do like the snow, on average, this is what we normally see for the month of january around washington. around 5.5 inches of snow and our avenue average high is in the 40's. we'll see ampling temperature for the upcoming weekend. early next week big changes are on the way. highs t
soon. >> will the house go along with the senate bill to avoid the fiscal cliff. we'll have the latest on the fiscal cliff and what was the top stories of 2012. we'll reveal the top five stories coming up. >> we're going to reveal what the weather is going to be like tomorrow and monday and tuesday. >> and beyond. we're looking at a quiet weather pattern setting up across the mid-atlantic. if those of you who love the snow it is not in the forecast. temperatures are falling....
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Dec 27, 2012
12/12
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is poised to tumble over the fiscal cliff but there was a late-day turnaround on the news that the house will hold a special session on sunday night. >>> directv customers can expect to pay more for their programing packages in 2013. the satellite cable provider is planning to hike prices by an average of 4 1/2% starting february 7th, citing higher programing costs and expects to pay it. v channel owners next year. >>> amazon.com is the place to go for online shopping this holiday season. according to a new survey from forse amazon took the top spot thanks in part to its wide variety of merchandise and its user-friendly site. that's the latest from fox biz is about business, giving you the power to prosper [ male announcer ] this is the age of knowing what you're made of. why let erectile dysfunction get in your way? talk to your doctor about viagra. ask if your heart is healthy enough for sex. do not ke viagra if you take nitrates for chest pain; it may cause an unsafe drop in blood pressure. side effects include headache, flushing, upset stomach, and abnormal vision. to avoid long-term
is poised to tumble over the fiscal cliff but there was a late-day turnaround on the news that the house will hold a special session on sunday night. >>> directv customers can expect to pay more for their programing packages in 2013. the satellite cable provider is planning to hike prices by an average of 4 1/2% starting february 7th, citing higher programing costs and expects to pay it. v channel owners next year. >>> amazon.com is the place to go for online shopping this...
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Dec 26, 2012
12/12
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FBC
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ed, let's say for argument sake we go flying off the fiscal cliff. what happens to housing? >> i think housing to some extent goes off with it. we'll end up with a recession and that will dampen homebuyers enthusiasm for buying homes and we'll see a downtick in house prices and uptick in foreclosures. tracy: that is good news. let's go glass half-full. they fix this ink it. fiscal cliff solved. housing market, what, what's the big thing that you think 2013 will bring? it is the year of rental. of new construction. what should we expect to see if all goes well in washington? >> what we should expect to see is a continuation of the recovery which started this past year. you just reported that house prices are up about 4%. i'm expecting that house prices in 2013 will be up 3 to 4%. that is actually, a nice solid, steady recovery. you don't want it taking off and having increases of eight, 10, 15% because they're not sustainable. the best we can hope for is a good solid recovery. have some real positives. fundamentals are strong. house prices are down. affordability is up. rents
ed, let's say for argument sake we go flying off the fiscal cliff. what happens to housing? >> i think housing to some extent goes off with it. we'll end up with a recession and that will dampen homebuyers enthusiasm for buying homes and we'll see a downtick in house prices and uptick in foreclosures. tracy: that is good news. let's go glass half-full. they fix this ink it. fiscal cliff solved. housing market, what, what's the big thing that you think 2013 will bring? it is the year of...
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Dec 28, 2012
12/12
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FBC
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the white house meeting on the fiscal cliff is less than an hour away. we will tell you which companies will be first to get slammed by automatic spending cuts and tax hikes and still ahead a critical weekend for retailers, analyst christian betts says shoppers have all the power right now. she is here coming up but as we do every day at this time we want to check how oil is moving. she's still the one for you - you know it even after all these years. but your erectiledysfun- you know,that could be a question of blood flow. cialis tadalafil for daily use helps you be ready anyme the moment's right. you can be more confident in your ability to be ready. and the same cialis is t only daily ed tablet approved to treat ed and symptoms of bph, like needingo go frequently or urgently. tell your doctorbout all your medical conditions and medications, and ask if your heart is healthy enough for sexual activity. do not take cialis if you take nitrates for chest pain, as this may cause an unsafe drop in blood pressure. do not drink alcohol in excess with cialis. s
the white house meeting on the fiscal cliff is less than an hour away. we will tell you which companies will be first to get slammed by automatic spending cuts and tax hikes and still ahead a critical weekend for retailers, analyst christian betts says shoppers have all the power right now. she is here coming up but as we do every day at this time we want to check how oil is moving. she's still the one for you - you know it even after all these years. but your erectiledysfun- you know,that...
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Dec 24, 2012
12/12
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FBC
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to avoid going over the fiscal cliff. dagen: with the president and congress on a christmas break, will they miss their year end deadline? peter barnes? peter: just got a note from one of the speaker's spokes people he said the speaker and the president have not spoken since that phone call on friday. all eyes are now on the senate when it returns on thursday to try to get a deal to avoid the fiscal cliff. this past friday before the president left for his family vacation in hawaii, he proposed a limited measure to avoid all of the cliff when speaker boehner scuttled his plan b, the president wants to extend the bush tax cuts now for the middle class and try to avoid some of these deep spending cuts on january 1st. a white house spokesperson says today that staff discussions continue between the administration and the hill. in july you may recall the senate democrats passed an extension of the middle class tax cuts if r a year at a -- for a year at a cost of 157 billion. that bill also patched the alternative minimum tax
to avoid going over the fiscal cliff. dagen: with the president and congress on a christmas break, will they miss their year end deadline? peter barnes? peter: just got a note from one of the speaker's spokes people he said the speaker and the president have not spoken since that phone call on friday. all eyes are now on the senate when it returns on thursday to try to get a deal to avoid the fiscal cliff. this past friday before the president left for his family vacation in hawaii, he proposed...
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Dec 31, 2012
12/12
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any word of these fiscal cliff discussions, the market will move. housing, a bit of a bright spot in the economy, but if we fall off the cliff, that could end. if lawmakers can't reach a deal nearly every working american will face higher tax rates and we'll deal with both issues next. >> well, we're flat. down four points, all we've got. we're below 13,000 all waiting for any news on fiscal cliff developments. we'll keep you up-to-date. venezuela's president, hugo chavez is suffering new complications from a respiratory infection that just three weeks after undergoing surgery for cancer in cuba. chavez has not been seen or heard from since his fourth cancer related surgery which took place earlier this month. government officials say chavez might not return in time for the inauguration of his new six-year term on january the 10th. okay. check the price of oil, they're not related. the situation concerning hugo chavez is not related to the overall price of oil which this morning is at $90 a barrel, it's down 28 cents. now, one of the bright spots in
any word of these fiscal cliff discussions, the market will move. housing, a bit of a bright spot in the economy, but if we fall off the cliff, that could end. if lawmakers can't reach a deal nearly every working american will face higher tax rates and we'll deal with both issues next. >> well, we're flat. down four points, all we've got. we're below 13,000 all waiting for any news on fiscal cliff developments. we'll keep you up-to-date. venezuela's president, hugo chavez is suffering new...
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Jan 1, 2013
01/13
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MSNBCW
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to avoid the fiscal cliff? up next, we'll talk to chief deputy whip peter welch. >>> and still ahead, will 2013 be a blockbuster deal for hollywood? we have your sneak peek at movies coming to a theater near you. resources they need. bright students are getting lost in the shuffle. and administration's work gets more complex every year. when you look at these issues, do you see problems or opportunities? with an advanced degree in education from capella university, you'll have the knowledge to meet these challenges and make a difference in the lives of students. let's get started at capella.edu. gives you 1% cash back on all purchases, plus a 50% annual bonus. and everyone likes 50% more... [ midwestern/chicago accent ] cheddar! yeah! 50 percent more [yodeling] yodel-ay-ee-oo. 50% more flash. [ southern accent ] 50 percent more taters. that's where tots come from. [ male announcer ] the capital one cash rewards card gives you 1% cash back on every purchase plus a 50% annual bonus on the cash you earn. it's the
to avoid the fiscal cliff? up next, we'll talk to chief deputy whip peter welch. >>> and still ahead, will 2013 be a blockbuster deal for hollywood? we have your sneak peek at movies coming to a theater near you. resources they need. bright students are getting lost in the shuffle. and administration's work gets more complex every year. when you look at these issues, do you see problems or opportunities? with an advanced degree in education from capella university, you'll have the...
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Jan 1, 2013
01/13
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KTVU
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. >>> avoiding the fiscal cliff, the measure now goes to the house of representatives. >> at the stroke of midnight many americans were ringing in the new year but the mood in washington was much more serious. vice-president joseph biden went to capitol hill after senate leaders struck a deal with the white house. the senate went back into session and around 2:00 a.m. they had a bill. >> as amended, it was passed. >> reporter: they put off spending cuts for two months and keeps off bush tax cuts for people earning less than $450,000. senator harry reid said their goal was to protect america's middle-class. >> middle-class families will wake up today to the assurance their taxes will not go up 2,200 dollars each. they will have the certainty of how they will pay for groceries and car payments all during next year. >> mitch mcconnel agreed to the measure rather than let the middle-class suffer. >> we don't think they should be going up on everyone but we all knew if we didn't come to an agreement it would go up on everyone and we were not going to let that happen. >> the bill will also ex
. >>> avoiding the fiscal cliff, the measure now goes to the house of representatives. >> at the stroke of midnight many americans were ringing in the new year but the mood in washington was much more serious. vice-president joseph biden went to capitol hill after senate leaders struck a deal with the white house. the senate went back into session and around 2:00 a.m. they had a bill. >> as amended, it was passed. >> reporter: they put off spending cuts for two months...
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Dec 28, 2012
12/12
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they say to expect delays. >>> we are monitoring the fiscal cliff meeting there at the white house, find out if politicians can make a deal or we will go over the glitch and taxes spike and that shrinks. thank you for trusting us, we are always available on ktvu.com and ktvu mobile.com. send comments to comments@captioncolorado.com captions by terry james, caption colorado, llc. [ female announcer ] but we have some good news. it's our bundle price promise. [ male announcer ] a price you can definitely count on, for two whole years. from at&t. [ female announcer ] a great price for a great triple-play bundle. [ male announcer ] call now. bundles with u-verse tv, internet and home phone start at $89 a month. now get the same great price for two years. [ female announcer ] switch today and get a total home dvr included,
they say to expect delays. >>> we are monitoring the fiscal cliff meeting there at the white house, find out if politicians can make a deal or we will go over the glitch and taxes spike and that shrinks. thank you for trusting us, we are always available on ktvu.com and ktvu mobile.com. send comments to comments@captioncolorado.com captions by terry james, caption colorado, llc. [ female announcer ] but we have some good news. it's our bundle price promise. [ male announcer ] a price...
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Jan 1, 2013
01/13
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WBAL
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two hours after america went off the fiscal cliff. >> happy new year. >> reporter: vice president biden came to the capitol to sell the fix. he worked out with gop leader mitch mcconnell who spoke for senate republicans. >> we don't think taxes should be going up on anyone. but we all knew that if we did nothing they would be going up on everyone. >> reporter: the senate voted to reverse are today's tax hikes on 98% of americans. but to keep the higher rate, on families making over $450,000. president obama took credit for breaking 20 years of gop opposition to tax hikes. >> keep in mind, just last month, republicans in congress said they would never agree to raise tax rates on wealthiest republicans. >> reporter: only 5% said no. >> americans will wake up today to be sure that their taxes won't go up $2,200 each. >> reporter: not so fast. house speaker john boehner and his might not go along. boehner sent republicans home to celebrate the new year without the fiscal cliff. >> everybody involved should be embarrassed. >> reporter: the economy could still take a hit. while the house take
two hours after america went off the fiscal cliff. >> happy new year. >> reporter: vice president biden came to the capitol to sell the fix. he worked out with gop leader mitch mcconnell who spoke for senate republicans. >> we don't think taxes should be going up on anyone. but we all knew that if we did nothing they would be going up on everyone. >> reporter: the senate voted to reverse are today's tax hikes on 98% of americans. but to keep the higher rate, on families...
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Dec 27, 2012
12/12
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CSPAN
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yun, are any other mortgage housing related issues affected by the fiscal cliff? you talk about the potential of the mortgage tax deduction, but what about on january 1, are there any other tax changes for program changes we should be aware of? guest: the extension of the mortgage forgiveness should be extended. this is referring to people who are under water, they need to sell their house, so they need a short sale approval where the bank would forgive their debt of. the underwater of from the point of view of the irs, they consider that taxable. taxable if the extension is not prolong. so that is people who went through a difficult time and went through a short sale, they went through a very stressful financial times and for the irs to say now you have an additional taxable income, does not make sense. we have a bipartisan support to extend this. hopefully we can find a vehicle to attach it to and get it extended. it's only $1 billion price tag. a very small amount compared to the $1 trillion budget deficit we have been running. host: you have been quoted as say
yun, are any other mortgage housing related issues affected by the fiscal cliff? you talk about the potential of the mortgage tax deduction, but what about on january 1, are there any other tax changes for program changes we should be aware of? guest: the extension of the mortgage forgiveness should be extended. this is referring to people who are under water, they need to sell their house, so they need a short sale approval where the bank would forgive their debt of. the underwater of from the...
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Jan 1, 2013
01/13
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KPIX
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what the fiscal cliff agreement means for everyone's paycheck. good evening. i'm brian hackney. >> and i'm elizabeth cook. the u.s. senate has reached a deal in the fiscal cliff negotiations. cnn is reporting they just voted to approve it. all the details of the deal and what it means for you and your finances. >> reporter: lawmakers postponed the automatic spending cuts that would have hit the pentagon and other federal agencies this week. they did strike a deal on taxes. three hours before the midnight deadline, senate majority leader mitch mcconnell and vice president joe biden emerged with a compromise on taxes and agreed to wait on slashing spending. >> this was the mini cliff. the big cliff still lies in front of us. >> reporter: president obama had scolded congress for waiting so long. >> one thing we can count on with respect to this congress is that if there's even one second left before you have to do what you're supposed to do, they will use that last second. >> reporter: the bush-era tax cuts remain in place for individuals earning as much as $400,
what the fiscal cliff agreement means for everyone's paycheck. good evening. i'm brian hackney. >> and i'm elizabeth cook. the u.s. senate has reached a deal in the fiscal cliff negotiations. cnn is reporting they just voted to approve it. all the details of the deal and what it means for you and your finances. >> reporter: lawmakers postponed the automatic spending cuts that would have hit the pentagon and other federal agencies this week. they did strike a deal on taxes. three...
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Jan 1, 2013
01/13
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has technically fallen off the fiscal cliff. the house hasn't voted yet. the president hasn't signed it. so why couldn't washington solve this earlier? i'm joined by democratic strategist debbie dangle and spokesperson more the american majority action fund, ron myer. ron, do you believe it is just atypical to this era of congressional leaders that we need the bringsmanship? >> frankly, i think it's typical of this era that we have to wait 'til the last minute to pass everything and that's not a way to run things. this was planned all along to wait 'til the last minute so people would be grateful that something passed. it's totally unbalanced. 41 to one tax hike to spending cut ratio. it's crazy to say that the president all along has been advocating for a balanced approach and this is where we ended up. really we've been holding out, running the clock so that we could pass something that the democrats love a tax hike with no spending cuts. >> brian: we know this, the cbo says right now people -- in their own savings and own investing, debbie, we know it w
has technically fallen off the fiscal cliff. the house hasn't voted yet. the president hasn't signed it. so why couldn't washington solve this earlier? i'm joined by democratic strategist debbie dangle and spokesperson more the american majority action fund, ron myer. ron, do you believe it is just atypical to this era of congressional leaders that we need the bringsmanship? >> frankly, i think it's typical of this era that we have to wait 'til the last minute to pass everything and...
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Jan 1, 2013
01/13
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now it is up to the house to stop the fiscal cliff. that's $600 billion of automatic tax hikes and spending cuts. at this hour, though, a vote by the house is not yet scheduled. a multiple representative took to the store today floor today vote would be no. >> i wish i could say this was a proud moment, a moment in which we started the year off right, in which the first of january was the first of great many good things. it isn't. we're kicking the can down the road. and worse than that, when faced with a mountain of debt that we were heading for, like an airplane, did we climb over it? no. what we're going to do in the present plan is put nearly another trillion dollars worth of debt on the american people. >> well, joining us now from capitol hill, representative peter welsh, democrat of vermont. we see some democrats moving to the podium. they are also scheduled to speak. congressman welsh, we don't want to interrupt you. so nancy pelosi stepping to the podium. let's take a quick listen. >> well, we just finished a standing room onl
now it is up to the house to stop the fiscal cliff. that's $600 billion of automatic tax hikes and spending cuts. at this hour, though, a vote by the house is not yet scheduled. a multiple representative took to the store today floor today vote would be no. >> i wish i could say this was a proud moment, a moment in which we started the year off right, in which the first of january was the first of great many good things. it isn't. we're kicking the can down the road. and worse than that,...
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without a vote to avoid the fiscal cliff. >> listen, this is disgusting. and everybody involved should be embarrassed. >> off the cliff at midnight the economy could take a hit but senate leaders hope to counter that with a rare, strong, bipartisan vote. house conservatives could still reject the plan and keep america from climbing back up the cliff. i'm steve handelsman, news 4, capitol hill. >> again the senate is expected to vote on those bills sometime late tonight or early tomorrow morning. top democrats say it will have their support. tomorrow at noon could be where we really find out if the deal holds up. stay with news 4 and nbc washington.com for the latest developments through the night. >>> they are mourning in a prince william county tonight after a police officer was killed in the line of duty. 35-year-old motorcycle police officer chris young crashed into a minivan while responding to a call. it was a fiery collision. news 4's david culver shows us how young is being remembered tonight. >> reporter: a tragedy for the prince william county pol
without a vote to avoid the fiscal cliff. >> listen, this is disgusting. and everybody involved should be embarrassed. >> off the cliff at midnight the economy could take a hit but senate leaders hope to counter that with a rare, strong, bipartisan vote. house conservatives could still reject the plan and keep america from climbing back up the cliff. i'm steve handelsman, news 4, capitol hill. >> again the senate is expected to vote on those bills sometime late tonight or...
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Jan 1, 2013
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the house set to vote on the senate's fiscal cliff bill passed early this morning. will they give it the green light? >>> and where that blood clot that hospitalized hillary clinton was located and when she may be able to go home. >>> one of the most anticipated events of new year's day is the tournament of roses parade in pasadena. it's the 124th year of the big parade. about a million people are expected to line the parade route. the them is the places you'll go. some of the people wanting to watch stake their spots as soon as they were allowed to do so. that was yesterday at noon. that means they had to camp out overnight as temperatures dipped into the mid-40s. it's supposed to be sunny day. >>> sanford fans are focused on the rosebowl game. they are a six-point favorite to beat wisconsin. fred ingles is live from los angeles. fred, we know being a favorite, no guarantee of a win, though. >> reporter: no, absolutely not. it will be an upset if, in fact, stanford does not win this ballgame, however. you talked about the temperature, tori. you know, it's lower tha
the house set to vote on the senate's fiscal cliff bill passed early this morning. will they give it the green light? >>> and where that blood clot that hospitalized hillary clinton was located and when she may be able to go home. >>> one of the most anticipated events of new year's day is the tournament of roses parade in pasadena. it's the 124th year of the big parade. about a million people are expected to line the parade route. the them is the places you'll go. some of the...
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Dec 31, 2012
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we're keeping our eye on the senate back in session with the fiscal cliff talks now down to the wire. the big question is even if the senate reaches a deal as they continue the debate will republicans pass anything with tax hikes in the house? up next republican congressman tom cole. and baby makes three. kim kardashian and kanye west's big baby announcement. also, sydney, australia celebrating the new year just three hours ago with fireworks over the famous opera house. in new york city, an already crowded times square. people waking up there. our big question what is your new year's resolution for 2013? tweet me at richard lui. we'll share some of your comments later. >>> a live look at the markets which appear to be taking going over the fiscal cliff in stride. many people say it is built into the market. many investors are still confident leaders will strike some sort of deal as talks go down to the wire and even if they don't they are counting on senate majority leader harry reid to present a backup proposal to limit some of the damage. we're watching live pictures on the right-h
we're keeping our eye on the senate back in session with the fiscal cliff talks now down to the wire. the big question is even if the senate reaches a deal as they continue the debate will republicans pass anything with tax hikes in the house? up next republican congressman tom cole. and baby makes three. kim kardashian and kanye west's big baby announcement. also, sydney, australia celebrating the new year just three hours ago with fireworks over the famous opera house. in new york city, an...
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Jan 1, 2013
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the fiscal cliff deal approvaled overwhelmingly faces strong opposition by house republicans. in fact, the number two house republican leader says he does not support it and now a new deadline threatens to send it back to the drawing board. and dana bash is on capitol hill. dana, what is the latest as far as the republican majority in the house is concerned? >> reporter: the latest, wolf, is that republicans will reconvene and have a second meeting in 15 minutes. down this hall, house republican leaders are still huddling but they announced that they are going to call republicans back together. perhaps that is because they have an idea of the the game plan that they want to pursue after they heard for about an hour and a half this afternoon from their rank and file by all accounts there certainly is a lot of interpret pi dags and voting to simply approve what the senate passed last night not only overwhelmingly, 90% of the senate voted for it, but it passed overwhelmingly among the fellow republicans. again, the percentage is about 90% of senate republicans voted in favor of t
the fiscal cliff deal approvaled overwhelmingly faces strong opposition by house republicans. in fact, the number two house republican leader says he does not support it and now a new deadline threatens to send it back to the drawing board. and dana bash is on capitol hill. dana, what is the latest as far as the republican majority in the house is concerned? >> reporter: the latest, wolf, is that republicans will reconvene and have a second meeting in 15 minutes. down this hall, house...
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Jan 1, 2013
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after the senate approved a deal to avoid the so called fiscal cliff around 2:00 a.m. and renee is joining us now with what is likely to happen when the house reconvene this morning and in a few hours, rain nay in. >> that is right and the next task is to have the house measure and they will be looking at that physical cliff package. let's talk about last night when we saw vice-president joseph biden on capitol hill and many knew that was a signal that negotiators had finally struck a deal. vice-president joseph biden and senate republican leader mitch mcconnel called it a closer's deal and the two men were central to working this out. when vice-president joseph biden was there, he briefed fellow democrats and legs laying was drafted and individuals making more than deck -- legislation was drafted and families making more than $450,000 a year will see their taxes go up and while those automatic spending cuts are deferred until the beginning of march, it will provide savings. half will come from spending cuts and if you look at this full bill, it is bipartisan. final se
after the senate approved a deal to avoid the so called fiscal cliff around 2:00 a.m. and renee is joining us now with what is likely to happen when the house reconvene this morning and in a few hours, rain nay in. >> that is right and the next task is to have the house measure and they will be looking at that physical cliff package. let's talk about last night when we saw vice-president joseph biden on capitol hill and many knew that was a signal that negotiators had finally struck a...
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just four days until the fiscal cliff, president obama and top lawmakers at the white house in an effort to damp start negotiations. this comes after lawmakers fresh off their christmas break again blamed each other for the stalemate. now this report. >> president obama will meet with congressional leaders later today at the white house. but it may be too late for a deal. justice for our days left before the fiscal cliff deadline. >> i have to be honest, mr. president,. i don't know, why is, how it can happen. >> senate majority leader harry reid last out at house speaker john boehner accusing him of running a dictatorship. >> she seemed to care more about keeping his pspeakership than keeping the nation on sound financial footing. republicans are. blaming are >> republicans are not about to write a blank check for anything senate democrats before just because we find ourselves at the edge of the cliff. that would not be fair to the american people. >> president obama will home early from his hawaii in vacation yesterday. speaker boehner called the house back into town for an unusual sun
just four days until the fiscal cliff, president obama and top lawmakers at the white house in an effort to damp start negotiations. this comes after lawmakers fresh off their christmas break again blamed each other for the stalemate. now this report. >> president obama will meet with congressional leaders later today at the white house. but it may be too late for a deal. justice for our days left before the fiscal cliff deadline. >> i have to be honest, mr. president,. i don't...
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coming up tomorrow on the show all eyes on the fiscal cliff so we've got chris wallace because he's watching everything coming out of washington and we'll keep you up-to-date on the changes. >> dave: right, 'cause the senate should convene at one o'clock and the house is get to convene. we'll get some leaking details of some sort of plan. >> juliet: and celebrity meltdowns, the top ones. did clayton make the list? should this one make the list? >> days left and maybe i can meltdown. >> dave: join us on the after the show show. >> they're still scrambling and we're all still waiting. wh but would no deal be better for the fiscal economy than a rushed deal. brenda buttner, bulls and bears. gary b smith, tobin smith. jonas max ferris. a no deal better than a bad deal. >> it would create more uncertainty or one of the deals they're talking about, which is raising taxes and now, and they trust us, we'll get to the spending cuts later on, let's not worry about that right now. the last thing we want to see is a weak-need congress and a weak-willed president patting themselves on the back because th
coming up tomorrow on the show all eyes on the fiscal cliff so we've got chris wallace because he's watching everything coming out of washington and we'll keep you up-to-date on the changes. >> dave: right, 'cause the senate should convene at one o'clock and the house is get to convene. we'll get some leaking details of some sort of plan. >> juliet: and celebrity meltdowns, the top ones. did clayton make the list? should this one make the list? >> days left and maybe i can...
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, to deal with the fiscal cliff. if you don't like the house's product bring it on the floor of the senate and let's change it. let's start being legislators instead of just a place where ideas go and die in the united states senate, it's embarrassing to me being the most deliberative body in the world and not be able to have a debate about how the fiscal cliff drama should end. we should have had the house bill on the floor months ago. harry reid blocks everything coming from the house, this place is completely dysfunctional and this is why you wait on new year's eve to financed out what is happening, because we don't vote in the senate any more. uma: it's a very troubling and disturbing situation indeed, senator graham. thank you so much for joining us. we are all watching and waiting to see what happens over the next few hours. >> there are a lot of votes in this body to avoid the fiscal cliff if we could just get the body working we would. but i want to end with this note. if there is going to be revenue increase
, to deal with the fiscal cliff. if you don't like the house's product bring it on the floor of the senate and let's change it. let's start being legislators instead of just a place where ideas go and die in the united states senate, it's embarrassing to me being the most deliberative body in the world and not be able to have a debate about how the fiscal cliff drama should end. we should have had the house bill on the floor months ago. harry reid blocks everything coming from the house, this...
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Jan 1, 2013
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the white house and the gop have reached a deal on how to avoid the "fiscal cliff." the news comes just three hours before the new year's deadline. cbs 5 reporter grace lee on where it all stands now. grace. >> reporter: late developments brian. this all coming together in the last several minutes. what we have just learned is that the senate will be voting tonight before midnight. that's the deadline and you can see we have a live look at the u.s. capital as of right now. we are also just hearing that the vice president is headed right here to the capital to brief senate democrats on the details of the deal that they will be voting on toinght. for individuals making more than 400,000 or households more than $450,000, their tax rates are expected to go up next year. for two million jobless americans, their unemployment benefits should be extended at least another year. and that so-called inheritance tax will go from 35 to 40%. but even with all these compromises, it is likely that most of us will be shelling out more cash to the irs come next year. >> you know, keep
the white house and the gop have reached a deal on how to avoid the "fiscal cliff." the news comes just three hours before the new year's deadline. cbs 5 reporter grace lee on where it all stands now. grace. >> reporter: late developments brian. this all coming together in the last several minutes. what we have just learned is that the senate will be voting tonight before midnight. that's the deadline and you can see we have a live look at the u.s. capital as of right now. we...
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Jan 1, 2013
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senate will avoid the fiscal cliff and a vote is expected this morning. he said neither republicans nor democrats got everything they wanted and this a agreement should work and the house should pass it without delay. the house of representatives should reconvene at 9:00 our time. will house republicans try to block house of that senate pill. >> they have hundreds of new laws and they just took a affect today. and we will tell you about one that affects you if you use facebook. >> reporter: well there are a total of 876 new laws in the books in our state and one is designed to protect homeowners trying to avoid foreclosure. this new law would prevent banks from starting the foreclosure basis and it will protect people going through alone modification. and you can still go ahead with the for close to our some time. it is now illegal to use facebook user i.d. and password to keep their jobs. colleges and user add mixes are also prohibited in doing the same thing and can no longer ask the students. driver less cars, pay paves the way and they are a bay area
senate will avoid the fiscal cliff and a vote is expected this morning. he said neither republicans nor democrats got everything they wanted and this a agreement should work and the house should pass it without delay. the house of representatives should reconvene at 9:00 our time. will house republicans try to block house of that senate pill. >> they have hundreds of new laws and they just took a affect today. and we will tell you about one that affects you if you use facebook. >>...
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after a last-ditch fiscal cliff meeting with president obama. the closed-door meeting was an attempt to avoid the automatic tax hikes and spending cuts set to king at the start of the new year. >> we had a constructive meeting today. senator reid and senator mcconnell are discussing a potential agreement where we could get a bipartisan bill out. >> reporter: at the present time reminded lawmakers thers
after a last-ditch fiscal cliff meeting with president obama. the closed-door meeting was an attempt to avoid the automatic tax hikes and spending cuts set to king at the start of the new year. >> we had a constructive meeting today. senator reid and senator mcconnell are discussing a potential agreement where we could get a bipartisan bill out. >> reporter: at the present time reminded lawmakers thers
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to have deal supposedly with the fiscal cliff. the dow jones industrials down by 150 points at one point recovered to lose just 18. the s&p 500 finished just two points lower. nasdaq down 4.25. congress department says sales of new homes went up almost 4.5% last month. that's the highest rate of growth in total sales in more than 2 1/2 years. that's it from cnbc, now back to "hardball." ♪ >>> if their competitor in '16 is going to be hillary clinton supported by bill clinton and presumably a still relatively popular president barack obama, trying to win that will be truly the super bowl, and the republican party as it is today is incapable of competing at that level. >> welcome back to "hardball." newt gingrich's reverence for hillary clinton is certainly a long way from the near contempt republicans held for her back in the '90s. even as a senator hillary clinton was close with some high-profeel republicans. she had friends up there. this archival l.a. times story's headline the secret friendship of hillary clinton and john mcc
to have deal supposedly with the fiscal cliff. the dow jones industrials down by 150 points at one point recovered to lose just 18. the s&p 500 finished just two points lower. nasdaq down 4.25. congress department says sales of new homes went up almost 4.5% last month. that's the highest rate of growth in total sales in more than 2 1/2 years. that's it from cnbc, now back to "hardball." ♪ >>> if their competitor in '16 is going to be hillary clinton supported by bill...
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boehner sent house members home to celebrate the new year without a vote to avoid the fiscal cliff. >> listen, this is disgusting. and everybody involved should be embarrassed. >> reporter: the economy could still take a hit. while the house takes up maybe later today whether to follow the senate's lead and hike taxes on the wealthy. from capitol hill, steve handelsman, nbc news. bill, back to you. >> reaction to the senate's move was swift as many people were still up welcoming the new year. familiar faces on msnbc were in rare form starting with joe scarborough who tweeted, why can't washington ever put together a deal that cults spent? this deal fails on most counts. it's a distressing failure of leadership. "morning joe" regular steve ratner tweeted, the only thing worse than this deal would have been no deal, or maybe not, he added. ezra kline wrote, obama isn't making it easier for res to vote for this deal but probably thinks if the rs kill it they get all the fiscal cliff blame. >>> now deals on secretary of state hillary clinton and the blood clot that has her hospitalized. t
boehner sent house members home to celebrate the new year without a vote to avoid the fiscal cliff. >> listen, this is disgusting. and everybody involved should be embarrassed. >> reporter: the economy could still take a hit. while the house takes up maybe later today whether to follow the senate's lead and hike taxes on the wealthy. from capitol hill, steve handelsman, nbc news. bill, back to you. >> reaction to the senate's move was swift as many people were still up...
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mike, where do the things stand in the fiscal cliff talks at this critical late-stage? >> reporter: gregg, there seems to be some hope that conversations between vice president joe biden and senator mitch mcconnell can produce a deal. aides say the two men spoke multiple times last night and will continue working toward a solution. mcconnell called the vice. president bush: after weighing 18 hours from senate majority leader harry reid who seemed to throw in the towel. >> there is still significant difference between two sides and negotiations continue. there is still time left to reach an agreement and we intend to continue negotiations. >> reporter: a big issue is what thresh do you continue the bush tax cuts. the democrats latest proposal, extend expiring tax rates for individuals with taxable income up to $360,000. and couples with income of about $450,000. senate republicans latest proposal allah taxes to rise on $450,000 for individuals and 550,000 for couples. republican aides say the democrats in the senate have not made any additional offers since saturday afte
mike, where do the things stand in the fiscal cliff talks at this critical late-stage? >> reporter: gregg, there seems to be some hope that conversations between vice president joe biden and senator mitch mcconnell can produce a deal. aides say the two men spoke multiple times last night and will continue working toward a solution. mcconnell called the vice. president bush: after weighing 18 hours from senate majority leader harry reid who seemed to throw in the towel. >> there is...
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. >>> with all of the focus on the fiscal cliff, a new bill to prevent the so-called dairy cliff is also in play today. the house is expected to vote on a one-year extension of the expiring u.s. farm bill. leaders from the house and senate agricultural committees have already agreed to the bill. if it's not passed, milk prices could double up to $8 a gallon. >>> a number of new laws are ahead for the new year, including one in alameda county that claims to keep plastic bags out of the hands of shoppers. new at noon, brian flores is live with a new bag ban and reaction from residents and a store manager. >> reporter: hi, david. plastic bags could be a thing of the past. starting tomorrow, shoppers are urged to bring in their own reusable bags or will be charged for each paper bag they use. >> happy new year. >> reporter: with the new year comes new laws for shoppers in alameda county. starting tomorrow, customers will need to bring in their own reusable bag. or if they forget, they will need to shell out 10 cents per bag. >> i don't think it will hurt my pocketbook. hopefully it will remi
. >>> with all of the focus on the fiscal cliff, a new bill to prevent the so-called dairy cliff is also in play today. the house is expected to vote on a one-year extension of the expiring u.s. farm bill. leaders from the house and senate agricultural committees have already agreed to the bill. if it's not passed, milk prices could double up to $8 a gallon. >>> a number of new laws are ahead for the new year, including one in alameda county that claims to keep plastic bags...
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the "fiscal cliff." before flying home from hawaii, the president called congressional leaders nancy pelosi, john boehner, mitch mcconnell and harry reid to reach agreements before tax hikes and spending cuts kick in january 1. >> we have been asking the president and the democrats to work with us on a bipartisan agreement for months. >> i don't know time wise how it can happen now. >> reporter: the senate majority leader wants house republicans to return from their vacations to approve a democratic senate plan that extends tax cuts for families making less than $250,000 a year. >> that's the only option that is viable escape route. >> reporter: but republican leaders say it's up to democrats who control the senate and white house to avert the "fiscal cliff." >> republicans aren't about to write a blank check for anything senate democrats put forward just because we find ourselves at the edge of the cliff. >> reporter: house members will return to capitol hill on sunday and could begin voting that night.
the "fiscal cliff." before flying home from hawaii, the president called congressional leaders nancy pelosi, john boehner, mitch mcconnell and harry reid to reach agreements before tax hikes and spending cuts kick in january 1. >> we have been asking the president and the democrats to work with us on a bipartisan agreement for months. >> i don't know time wise how it can happen now. >> reporter: the senate majority leader wants house republicans to return from their...
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talks will resume thursday to avoid the fiscal cliff. resident obama and congress are now on christmas vacation. the white house and the house of representatives have still yet to reach an agreement to prevent automatic tax hikes and spending cuts that will take effect on january first if the american red cross bay area chapter is opening an evacuation center in east palo alto for residents affected by widespread flooding near the san francisquito creek. the creek jumped its banks near west bayshore road and widespread rain across the bay area this weekend. >> @ advance of the rainfall is coming from this on and crew gaffes that main band, through the north bay however, staying of with wind gusting of 30 m.p.h. for the coast. however, not much moisture associated with this system. perhaps one-quarter of 1 in. at the lower elevations. for those located in the hills, not much rainfall many people do not have to be out on the roadways. as most of to be inside. if you're going to the sierras, tire chain laws 4 interstate-80, 88. mostly cloud
talks will resume thursday to avoid the fiscal cliff. resident obama and congress are now on christmas vacation. the white house and the house of representatives have still yet to reach an agreement to prevent automatic tax hikes and spending cuts that will take effect on january first if the american red cross bay area chapter is opening an evacuation center in east palo alto for residents affected by widespread flooding near the san francisquito creek. the creek jumped its banks near west...
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cliff. we are hearing the president's planning to present a smaller offer. for the latest, we bring in peter alexander from the white house and mike viqueira from capitol hill. peter, let's talk about what's going on at the white house meeting. i hear senators are optimistic about a mini deal which, of course, will raise taxes on those above $400,000. expand the amt, cut some spending. what are you hearing? >> reporter: well, hearing a lot of different things right now. one of the items and ruled by rumor and then denials and frustrations, toure. we know that we saw senators mcconnell and reid arriving a short time ago. we didn't pelosi and boehner arrive yet but the vice president joe biden got here a short time ago, as well. there's other reporting from the hill right now about the potential that the president is going to return to what was basically his original outlined plan. perhaps a smaller plan but a plan where the threshold would be set closer to $250,000 as he initially had before
cliff. we are hearing the president's planning to present a smaller offer. for the latest, we bring in peter alexander from the white house and mike viqueira from capitol hill. peter, let's talk about what's going on at the white house meeting. i hear senators are optimistic about a mini deal which, of course, will raise taxes on those above $400,000. expand the amt, cut some spending. what are you hearing? >> reporter: well, hearing a lot of different things right now. one of the items...
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to happen over the course of several days and can they avert the fiscal cliff? to stick with your metaphor of basketball, if rose were to go the length of the court for fans on one side, left to right, fans on other side, right to left, if he scores it is the same basket but use the metaphor and apply it to the conversation of exactly where these tax cuts could take place if they happened after january 1st. the republicans want to vote to lower taxes. okay? see them go right to left as it were. the democrats want to see them go down and the republicans it appears increasingly clear are not going to vote to change the figure below the $1 million mark that boehner didn't get past the caucus unless they say to their people at home, they voted to lower taxes on all americans. >> peter, that was extraordinary. >> reporter: i tried. >> one of the best on this show. thank you! >> we have also got mike viqueira. mike? a lot of people and myself included believe that the payroll tax cut is the most damaging part of this for the middle class. if we do not extend it $125 b
to happen over the course of several days and can they avert the fiscal cliff? to stick with your metaphor of basketball, if rose were to go the length of the court for fans on one side, left to right, fans on other side, right to left, if he scores it is the same basket but use the metaphor and apply it to the conversation of exactly where these tax cuts could take place if they happened after january 1st. the republicans want to vote to lower taxes. okay? see them go right to left as it were....
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what if we don't go over the fiscal cliff? what if we get the last minute deal, as we stand right now, what happens to housing then? >> absolutely. so if we do get that deal and short sales are able to continue the way that they have, the banks are even seeing a profitable situation with short saling. we are going to see a lot of short sales in 2013. we are going to see rates stay low for the first half of 2013. but they are going to have to let people be able to get that type of rate by raising the rate and reducing what it takes to get that type of loan in the second half of 2013. and in all honesty, sorry, housing is really a bright spot in the economy right now. so i think that they will dot right thing and let this continue to see gradual gains like they have. >> tanya, dare i say happy new year? thank you very much. >> happy new year. >> take care. >> all right, stocks for the new year. coming up, do you buy the wirwif 2012 or hope the losers rebound? we will debate it. >> and fiscal cliff be damned and have formed lots
what if we don't go over the fiscal cliff? what if we get the last minute deal, as we stand right now, what happens to housing then? >> absolutely. so if we do get that deal and short sales are able to continue the way that they have, the banks are even seeing a profitable situation with short saling. we are going to see a lot of short sales in 2013. we are going to see rates stay low for the first half of 2013. but they are going to have to let people be able to get that type of rate by...
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live coverage of the house at 9:00 a.m. we will continue our conversation on the fiscal cliff. maya macguineas is going to be with us. later we will turn our attention to a new movie on the raid that killed osama bin laden and talking with linda robinson who is an author as "washington journal" continues. it is monday, december 31. .e'll be back in just a moment [video clip] >> as president obama begins his second term in office, what is the most important issue he should consider for 2013? >> so tell us. if you're in grade sixth through 12, make a short video about your message to the president. >> it's c-span's student cam video competition with your chance to win the grand prize of $5,000. and there is $50,000 in total prizes. the deadline is january 18. for more information, go to studentcam.org. >> a lot of people will say that ever since the apollo, the space program has been a jobs program. how many jobs can we get in your district, in your state? the space shuttle passed by one vote because it was passed all around the country. we had people working different places. i
live coverage of the house at 9:00 a.m. we will continue our conversation on the fiscal cliff. maya macguineas is going to be with us. later we will turn our attention to a new movie on the raid that killed osama bin laden and talking with linda robinson who is an author as "washington journal" continues. it is monday, december 31. .e'll be back in just a moment [video clip] >> as president obama begins his second term in office, what is the most important issue he should...
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to avoid the fiscal cliff. coming up the sign the lack of deal is already hurting the u.s. economy. >>> the contra costa -- they are in the fire chief and board members. we've posted the list of times on the hot topics page of ktvu.com. >>> people in the midwest open -- snow if flow -- and it could be that way for a few days. the deaths of more than a dozen people in several states are if if >>> the -- he was taken >>> a few hours later bart trains were held at the concord station because of a report with a man with a gun. the police activity did cause delays on the pittsburgh bay point line. those reports were not related to the earlier shooting and nothing was found. >>> the brawl that caused wide spread panic inside a mall caused -- no shots were actually fired but there was a brawl. police arrested three people. all the commotion led to a lock down and likely kept thousands of post christmas shoppers out of the mall. there is no estimate on how much money businesses lost. experts tell the sacramento bee it'
to avoid the fiscal cliff. coming up the sign the lack of deal is already hurting the u.s. economy. >>> the contra costa -- they are in the fire chief and board members. we've posted the list of times on the hot topics page of ktvu.com. >>> people in the midwest open -- snow if flow -- and it could be that way for a few days. the deaths of more than a dozen people in several states are if if >>> the -- he was taken >>> a few hours later bart trains were held...
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the house already passed legislation to avoid the entire fiscal cliff. senate democrats have not. there you go. the senators saying the house to act. the speaker's office saying senate has to act. there is pressure building on the president to bring both house, and senate, democratic leaders all four leaders into the white house today to bring leadership down, time is running it. let's come together. gregg: adds all new meaning to the word elementary school. ed henry, thanks very much. we're looking by the way on left-hand side of your screen live on the floor of the u.s. senate. don't you know, not much happening there. patti ann: all right. republican congressman louie gohmert is responding to those comments from senator reid that we just heard, firing back at accusations that republicans are refusing to compromise. let's listen. >> i can totally sympathize with reid's remark that he can not imagine our consciences in the house because you would have to have one to imagine ours. and he has shown repeatedly, over three years of no budget? come on. the guy has to have no conscienc
the house already passed legislation to avoid the entire fiscal cliff. senate democrats have not. there you go. the senators saying the house to act. the speaker's office saying senate has to act. there is pressure building on the president to bring both house, and senate, democratic leaders all four leaders into the white house today to bring leadership down, time is running it. let's come together. gregg: adds all new meaning to the word elementary school. ed henry, thanks very much. we're...
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economy will go over the fiscal cliff unless congress and the white house can work out a last minute deal. if there is no new budget deal by midnight tonight east coast time income tax rates will go up for all americans. coming up at 5:15 the two men leading the last minute negotiations. >>> the chp is trying to figure out what led up to a crash that killed a motorcycle rider in concord last night. it happened just before 6:30 on kicker pass road. the chp says no other cars were involved and it's unclear why the driver lost control. >>> three people are recovering after a crash after a car crashed into a concord funeral home. it happened yesterday afternoon at the we met brothers concord funeral chop ill on clayton road. it appears two teens were racing when they lost control and crashed their car into the building. the teens were taken to the hospital with serious injuries. a 66-year-old man who was inside the building has a broken leg. police interviewed a second driver that may have been racing the teens but have no arrests yet. >>> police officers are out there watching for drive
economy will go over the fiscal cliff unless congress and the white house can work out a last minute deal. if there is no new budget deal by midnight tonight east coast time income tax rates will go up for all americans. coming up at 5:15 the two men leading the last minute negotiations. >>> the chp is trying to figure out what led up to a crash that killed a motorcycle rider in concord last night. it happened just before 6:30 on kicker pass road. the chp says no other cars were...
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the house of representatives set to reconvene on sunday in another attempt to agree on a fiscal cliff deal. amon j eamon jav everyoers has the sto. >> i'm keeping an eye on my iphone here, i just got an e-mail from a source that says there might be even further news this evening, so, waiting for a status update on that. but we did get some news today and that news, as you say, was that the house of representatives is going to be called back early. they are coming back on sunday at 6:30 p.m. what they're going to do when they get here, we don't have any idea. but we had a fascinating series of dueling press conferences, dueling floor speeches, i should say, by senate republican and democratic leaders. the republican leader, mitch mcconnell, really put the blame on democrats, but he did seem to indicate that there may be further negotiations that are ongoing here, possibly even as we speak. take a listen to mitch mcconnell earlier this afternoon. >> the truth is, we're coming up against a hard deadline here and as i said, this is a conversation we should have had months ago. and republi
the house of representatives set to reconvene on sunday in another attempt to agree on a fiscal cliff deal. amon j eamon jav everyoers has the sto. >> i'm keeping an eye on my iphone here, i just got an e-mail from a source that says there might be even further news this evening, so, waiting for a status update on that. but we did get some news today and that news, as you say, was that the house of representatives is going to be called back early. they are coming back on sunday at 6:30...
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the house is standing by to consider any agreement regarding that looming fiscal cliff. members have been promised 48 hours to review any deal before it goes to the floor for debate. let's take you live to the floor of the house. we see them just about to walk in the door. a quick reminder, we are expecting remarks from steny hoyer in about 20 minutes. we plan to bring you those lives. [captioning made possible by the national captioning institute, inc., in cooperation with the united states house of representatives. any use of the closed-captioned coverage of the house proceedings for political or commercial purposes is expressly prohibited by the u.s. house of representatives.] the speaker pro tempore: the house will be in order. the chair lays before the house a communication from the speaker. the clerk: the speaker's room, washington, d.c.,, december 27, 2012, i appoint steven latourette to act as speaker pro tempore on this day, signed john amplete boehner. speaker of the house of representatives. the speaker pro tempore: the prayer will be offered by our chaplain,
the house is standing by to consider any agreement regarding that looming fiscal cliff. members have been promised 48 hours to review any deal before it goes to the floor for debate. let's take you live to the floor of the house. we see them just about to walk in the door. a quick reminder, we are expecting remarks from steny hoyer in about 20 minutes. we plan to bring you those lives. [captioning made possible by the national captioning institute, inc., in cooperation with the united states...
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Dec 30, 2012
12/12
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the house has passed two bills that would avert the fiscal cliff. in august to pass a bipartisan bill. the house passed legislation to avoid sequestration by cutting spending. our plan is to take your calls and hear from you over twitter, and to wait it out, to wait and hear what we hear from capitol hill. our cameras are on capitol hill and we hope to be able to give you some coverage of briefings happening on the hill. so far, the house is out and the senate will be out shortly once they finish this series of votes. and it was 12:15 eastern, writing a major setback in fiscal cliff talks. you may have heard sheila jackson lee question this. that negotiations between harry reid and mitch mcconnell suffered a major setback after republicans demanded the inclusion of a new method for calculating benefits for the package. change came from progressives to result in lower payments. part of the current negotiations on the scale down deal, they say that they gave ground on other issues, including raising the tax threshold, as well as -- that was from two h
the house has passed two bills that would avert the fiscal cliff. in august to pass a bipartisan bill. the house passed legislation to avoid sequestration by cutting spending. our plan is to take your calls and hear from you over twitter, and to wait it out, to wait and hear what we hear from capitol hill. our cameras are on capitol hill and we hope to be able to give you some coverage of briefings happening on the hill. so far, the house is out and the senate will be out shortly once they...
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the bottom line at this hour, we are headed over the proverbial fiscal cliff. we say that because the senate hasn't voted on any kind of deal. you see it there live. and the house has said even if there is a deal, they're not going to bring any bill to a vote on this new year's eve. so the big question tonight, what impact will it have on every american? we have all of it covered, and we begin with nbc's kelly o'donnell for the latest from capitol hill. kelly? >> reporter: good evening, kate. well, congress is out of time, and frustrations are really running over. and while democrats and republicans say they want to find a solution and they are working toward that, they don't have a deal yet, and that means for now there is nothing to vote on before tonight's deadline. with your money on the line, tonight washington can only claim progress. but not success. >> it appears that an agreement to prevent this new year's tax hike is within sight. but it's not done. >> we're very, very close. >> reporter: close comes after intense, closed-door negotiations that kept e
the bottom line at this hour, we are headed over the proverbial fiscal cliff. we say that because the senate hasn't voted on any kind of deal. you see it there live. and the house has said even if there is a deal, they're not going to bring any bill to a vote on this new year's eve. so the big question tonight, what impact will it have on every american? we have all of it covered, and we begin with nbc's kelly o'donnell for the latest from capitol hill. kelly? >> reporter: good evening,...
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Dec 27, 2012
12/12
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that will happen tonight to work on the fiscal cliff deal. >> the looming fiscal cliff is forcing president obama to cut short his christmas vacation. >> president obama is cutting short his christmas vacation. he is leaving hawaii tonight so that he can be back in washington when congress reconvenes tomorrow. >> laura: so we should believe that by leaving his island enclave that the president was making some big sacrifice for the country? i'm thinking washington, crossing the delaware on a bitter christmas night 1776 before going on to defeat the british in two major battles, that's sacrifice. i, for one, never understood how in good conscious any of these politicians would think about leaving town with so much riding on this cliff hanger? shouldn't they get their work done before they leave town for a break? that's what's expected for most working americans but then again washington politicians have rules of their own. people whose salaries that we pay are called public servants. meaning they verve us. not the other way around. we don't work to make their lives better. they are supposed t
that will happen tonight to work on the fiscal cliff deal. >> the looming fiscal cliff is forcing president obama to cut short his christmas vacation. >> president obama is cutting short his christmas vacation. he is leaving hawaii tonight so that he can be back in washington when congress reconvenes tomorrow. >> laura: so we should believe that by leaving his island enclave that the president was making some big sacrifice for the country? i'm thinking washington, crossing the...
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Jan 1, 2013
01/13
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i'm richard lui, you're watching msnbc's continuing coverage of the fiscal cliff deal. eric cantor emerging from a meeting saying he does not support the senate-passed bill. house speaker bonn janer is not likely to bring the senate bill to the floor without changes is what we're hearing and in a statement boehner's spokesman said the speaker and leader laid out options to the members and listened to feedback. the lack of spending cuts in the senate bill was our universal concern amongst members in today's meetings. conversations will continue throughout the afternoon on the path forward. outgoing republican congressman steven latourette told nbc's luke russert the senate bill did not stand much of a bill in the house. take a listen. >> i think it's a little unreasonable for senator reid to say that something they produced on new year's eve, produced by a bunch of sleep-deprived octogenarians is what we should adopt within 48 hours. >> laetset's bring in mike viqu. we understand there have been meetings throughout the afternoon. >> reporter: the future of this bill, the
i'm richard lui, you're watching msnbc's continuing coverage of the fiscal cliff deal. eric cantor emerging from a meeting saying he does not support the senate-passed bill. house speaker bonn janer is not likely to bring the senate bill to the floor without changes is what we're hearing and in a statement boehner's spokesman said the speaker and leader laid out options to the members and listened to feedback. the lack of spending cuts in the senate bill was our universal concern amongst...
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Dec 28, 2012
12/12
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a last ditch effort to avoid the fiscal cliff. president obama cut short his hawaii vacation to return to washington. coming up at 5:15 the odds they will be able to come up with a deal were january 1st. >>> the contra costa fire distribution has put together a meeting to discuss the closing of five district stations. they are in clayton, lafayette, martinez. the first meeting is on january 7th in lafayette. we have posted a list of times and locations of those meetings. >>> the brawl that caused wide spread panic in a san francisco mall led to a loss in post christmas sales for business. they ran from the mall when they heard a noise that sounded like gunshots. police arrested three people. all the commotion led to a lock down and likely kept thousands of post christmas shoppers out of the mall. there is no estimate on how much money businesses lost but analyst tell the sacramento breeze it's like -- sacramento bee it's likely a significant amount. >>> janine de la vega is live for us in cupertino this morning. one of the places
a last ditch effort to avoid the fiscal cliff. president obama cut short his hawaii vacation to return to washington. coming up at 5:15 the odds they will be able to come up with a deal were january 1st. >>> the contra costa fire distribution has put together a meeting to discuss the closing of five district stations. they are in clayton, lafayette, martinez. the first meeting is on january 7th in lafayette. we have posted a list of times and locations of those meetings. >>>...